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Pending
  • $1,400,000

    5205 Mill Dam Rd, Wake Forest, NC 27587

    4beds
    7,789sqft
    : 
    Single Family Residence, Residential
    Built in 2000
    2 Acres Lot
    $1,325,200 Zestimate®
    $180/sqft
    $35/mo HOA

    What's special

    Lakefront estateSpacious workshopStone wall accentsRomantic string lightingNewly completed paver patioDouble shower headsSunroom with heated floors
    Stunning Lakefront Estate with 7-Car Garage, Workshop, and Distinctive Architecture Design - 7789 Sq Ft Welcome to your dream lakefront retreat! This exceptional 7,789FS custom home blends luxury living with practical design, offering everything you need for comfort, creativity, and entertaining. Step outside to your private oasis featuring a newly completed paver patio with stone wall accents and romantic string lighting. A welcoming gathering space centered around a fire pit, offering the perfect spot for entertaining and staying toasty through every season. Unwind in the gazebo with a hot tub, or relax in the sunroom with heated floors, skylights, and a full wall of windows showcasing a private courtyard. Car enthusiasts and hobbyists will love the 7-car garage and a spacious workshop with two dedicated 240V outlets—ideal for a planner, pottery kiln, or other equipment. An additional attached storage shed with a bay door offers even more space for tools and toys. Inside, the home boasts thoughtful design and upscale touches throughout. The butler pantry walk-in makes entertaining seamless, while the kitchenette near the living room adds extra convenience. Enjoy two striking fireplaces: a 72-inch linear fireplace set in a floor-to-ceiling stone wall in the living room and a 36x36 fireplace with a custom wall mantle that adds warmth and character. The first-floor master suite offers privacy and comfort, and master bathroom features double shower heads and a jacuzzi tub. Additional highlights include: Lake-fed irrigation for effortless landscaping Two fully encapsulated crawlspaces, both with dehumidifiers and sump pumps Newly insulated crawlspace doors, garage doors and two attics for energy saving Large flex space with a full bath set up above 4-car garage can be used as in-law suite Two walk-in attics provide substantial storage or potential for expansion Whether you're an entertainer, craftsman, car collector, or someone seeking peace by the water, this one-of-a-kind home offers the perfect blend of sophistication, space, and setting.
    171 days
    |
    328
    |
    10
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 12, 2026 at 10:34am

    Listed by:

    Jo Smith 919-302-4493,

    Northside Realty Inc.,

    Richard Smith 919-302-7344,

    Northside Realty Inc.

    Source: Doorify MLS,MLS#: 10128160MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 6
      • Full bathrooms: 4
      • 1/2 bathrooms: 2
      Heating
      • Electric, Forced Air, Natural Gas, Zoned
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Gas Cooktop, Ice Maker, Microwave, Refrigerator, Oven, Washer
      • Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room
      Features
      • Bookcases, Built-in Features, Pantry, Ceiling Fan(s), Crown Molding, Granite Counters
      • Flooring: Carpet, Hardwood, Tile
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 7,789
      • Total interior livable area: 7,789 sqft
      • Finished area above ground: 7,789
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 7
      • Parking features: Garage - Attached
      • Attached garage spaces: 7
      Features
      • Levels: Two
      • Stories: 1
      • Exterior features: Rain Gutters, Smart Irrigation
      • Has view: Yes
      Lot
      • Size: 2 Acres
      • Features: Corner Lot, Landscaped, Many Trees
      Details
      • Parcel number: 1861.03011026 0214378
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence, Residential
      Materials
      • Brick, Fiber Cement, Stone
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 2000

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Mill Race
      HOA
      • Has HOA: Yes
      • Amenities included: None
      • Services included: None
      • HOA fee: $416 annually
      Location
      • Region: Wake Forest

      Financial & listing details

      • Price per square foot: $180/sqft
      • Tax assessed value: $1,312,750
      • Annual tax amount: $8,416
      • Date on market: 10/17/2025

        Estimated market value

        $1,325,200

        $1.26M - $1.39M

        $3,803/mo

        Price history

        Price history
        DateEventPrice
        3/12/2026Pending sale$1,400,000$180/sqft
        Source: Doorify MLS #10128160 Report a problem
        10/17/2025Listed for sale$1,400,000+85.4%$180/sqft
        Source: Doorify MLS #10128160 Report a problem
        4/9/2021Sold$755,000-5.6%$97/sqft
        Source: Doorify MLS #2349430 Report a problem
        10/27/2020Price change$799,9000%$103/sqft
        Source: EXP Realty #2349430 Report a problem
        9/26/2020Price change$800,000-5.9%$103/sqft
        Source: Keller Williams Preferred Realty #2325016 Report a problem
        7/23/2020Price change$850,000-2.9%$109/sqft
        Source: Keller Williams Brier Creek #2325016 Report a problem
        6/26/2020Listed for sale$875,000+91%$112/sqft
        Source: Keller Williams Brier Creek #2325016 Report a problem
        11/2/2005Sold$458,000+19.7%$59/sqft
        Source: Public Record Report a problem
        10/16/2000Sold$382,500+410%$49/sqft
        Source: Public Record Report a problem
        6/23/2000Sold$75,000$10/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$8,416 +3%$1,312,750
        2024$8,172 +25.4%$1,312,750 +57.5%
        2023$6,519 +7.9%$833,468
        2022$6,039 +2.8%$833,468
        2021$5,877 +1.7%$833,468
        2020$5,779 -5.3%$833,468 +11.9%
        2019$6,102 $744,723
        2018$6,102 +14.8%$744,723
        2017$5,315 +2.1%$744,723
        2016$5,207 -8.6%$744,723 -8.9%
        2015$5,696 +5.5%$817,283
        2014$5,398 $817,283 +2.5%
        2013-- $797,014
        2012-- $797,014
        2011-- $797,014
        2010-- $797,014
        2009-- $797,014
        2008-- --
        2007-- --
        2006-- --
        2005-- --
        2004-- --

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $7,698/mo
        Principal & interest
        $6870
        Property taxes
        $793
        HOA Fees
        $35
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          Climate risks

          Neighborhood: 27587

          Getting around

          1 / 100
          Car-Dependent
          4 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Wake - Richland Creek
          • Middle: Wake - Wake Forest
          • High: Wake - Wake Forest

          Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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